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【$DAM Signal】Short | Volume Breakout Downward
$DAM Volume Crash -20%, price action shows strong unilateral selling, combined with high open interest, this is a typical long liquidation stampede rather than a healthy correction.
🎯 Direction: Short (Short)
🎯 Entry: 0.0195 - 0.0200
🛑 Stop Loss: 0.0215 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0170
🚀 Target 2: 0.0150
$DAM In a no-resistance state, volume breaks through key support, market logic indicates a long liquidation driven decline. Price plunging under high open interest can easily trigger chain liquidations, forming a negative feedback loop. No effective buying absorption is seen on the chart; any rebound to the previous support zone (entry zone) is a new shorting opportunity until a clear bottoming structure appears.
Trade here 👇 $DAM
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